The Casandra Cascade: Industrialisation Of Fear
GenInnov Global Innovation Fund founder Nilesh Jasani counters today's doom and gloom environment when it comes to AI and the next technological revolution, stating it is primarily the result of lazy and ignorant commentary.
Doom is turning into a crowded profession.
According to Nilesh Jasani, Founder of GenInnov Global Innovation Fund, the tone of financial commentary has become apocalyptic, with references to past events like the South Sea Bubble, the Railway Mania, and the Dot-Com Bust, all concluding in inevitable collapse.
There is a sense of one-upmanship in pessimism, where merely predicting a standard market correction is no longer enough, and absolute doomerism has become the new currency.
Author's summary: Nilesh Jasani discusses the fear surrounding AI and technology.
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